The logistics industry has a set of unique terminology that facilitates more effective communication throughout the supply chain. The use of these terms help to save a lot of time. In the logistics industry, Incoterms or International Commercial Terms have globally recognized rules that ease the buying and selling process. It does so by providing…
Air freight shipping accounts for more than 6 trillion USD worth of shipments every year which makes up around 35% of global trade by value. Customers these days expect high-speed deliveries which is one factor why shipping companies opt for air freight to ship their cargo around the globe within the shortest possible span of…
To survive the ever-increasing competition in the logistics sector, small and mid-sized logistics companies need to focus on building lasting relationships with competent partners. Participating in a freight forwarders conference is one effective strategy that could help them strengthen the bottom line of the businesses of independent freight forwarders like you. The Coop’s 6th Annual…